Krispy Kreme Inc [DNUT] stock prices are up 3.56% to $11.04 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The DNUT shares have gain 13.35% over the last week, with a monthly amount drifted -8.46%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Krispy Kreme Inc [NASDAQ: DNUT] stock has seen the most recent analyst activity on June 10, 2024, when Truist upgraded its rating to a Buy and also boosted its price target to $15 from $13. On April 05, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $20 on the stock. CapitalOne started tracking the stock assigning a Equal Weight rating and suggested a price target of $16 on January 22, 2024. JP Morgan downgraded its rating to a Neutral but $13 remained the price target by the analyst firm on November 20, 2023. Truist downgraded its rating to Hold for this stock on October 30, 2023, and downed its price target to $13. In a note dated June 14, 2023, Piper Sandler initiated an Neutral rating and provided a target price of $16 on this stock.
The stock price of Krispy Kreme Inc [DNUT] has been fluctuating between $9.70 and $17.84 over the past year. Currently, Wall Street analysts expect the stock to reach $18.5 within the next 12 months. Krispy Kreme Inc [NASDAQ: DNUT] shares were valued at $11.04 at the most recent close of the market. An investor can expect a potential return of 67.57% based on the average DNUT price forecast.
Analyzing the DNUT fundamentals
The Krispy Kreme Inc [NASDAQ:DNUT] reported sales of 1.71B for trailing twelve months, representing a surge of 5.67%. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.04 and Total Capital is 0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.82.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.81 points at the first support level, and at 10.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.18, and for the 2nd resistance point, it is at 11.31.
Ratios To Look Out For
It’s worth pointing out that Krispy Kreme Inc [NASDAQ:DNUT]’s Current Ratio is 0.36. As well, the Quick Ratio is 0.27, while the Cash Ratio is 0.07. Considering the valuation of this stock, the price to sales ratio is 1.09, the price to book ratio is 1.61.
Transactions by insiders
Recent insider trading involved Tattersfield Michael J., Director, that happened on Mar 11 ’24 when 100000.0 shares were sold.
